Reflect on the assigned readings for the week. Identify what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding.

Also, provide a graduate-level response to each of the following questions:

1. Why do bars offer free peanuts?

Note: Use the concept of simple pricing of managerial economics.

For more concept on simple pricing please click the link below:

https://ucumberlands.blackboard.com/bbcswebdav/pid-3016765-dt-content-rid-42749366_1/xid-42749366_1